Hi Ata
You say that you always trail as it works out more profitable in the long term. I know you generally mark your initial SL at 20 pips, Do you have a fixed trailing stop level ie:15-20 pips, at least during the early stages of a trade? or do you keep on top of things and work it out as you go along? I ask this because according to my analysis anything less than about 20 pips when trading on H1 on EURUSD risks getting stopped out quick in all but the very strongest trends. What would be your smallest recemmended trailing stop?
Thanks and keep up the great work
You say that you always trail as it works out more profitable in the long term. I know you generally mark your initial SL at 20 pips, Do you have a fixed trailing stop level ie:15-20 pips, at least during the early stages of a trade? or do you keep on top of things and work it out as you go along? I ask this because according to my analysis anything less than about 20 pips when trading on H1 on EURUSD risks getting stopped out quick in all but the very strongest trends. What would be your smallest recemmended trailing stop?
Thanks and keep up the great work
It takes time